Casino Destinations

International Entertainment To Invest $1Billion In New Coast Hotel Manila Expansion

Hong Kong-listed leisure enterprise International Entertainment Corp will reportedly invest between US$1.0 billion and US$1.2 billion into the development and establishment of a hotel and casino resort in Manil...

Macau’s GGR For First 24 Days Of September At MOP12 Billion

During the first 24 days of September this year, Macau’s gross gaming income (GGR) was calculated to be roughly MOP12 billion, which is approximately $1.49 billion, with MOP500 million, which is roughly $62.1 m...

Singapore Police Seized $1.8 Billion in the Anti-Money Laundering Blitz

The biggest anti-money laundering case in Singapore has resulted in the seizure of assets worth almost S$2.4 billion ($1.76 billion) following the simultaneous raid of 400 police officers in the city that broug...
new casino

MHA Nation Begins Construction of the New Native American Casino in White Shield

North Dakota tribes are getting their new casino in the White Shield. The ground blessing for the new casino was announced on September 20, and the tribes joined forces to finally bring it to the daylight. A...

Macau’s Mass GGR To Reach Pre-Covid Levels During Upcoming October Golden Week

As reported by Inside Asian Gaming, gaming income across Macau is predicted to recuperate 100% over the coming holiday period, approaching the levels seen during the October Golden Week that took place in 2019....

MGM Loses Up to $8.4 Million in Daily Revenues to Recent Cyberattack

Following the cyberattack recently experienced by MGM Resorts International just ahead of a large event to be held on September 19, 2023, a gaming industry analyst assessed the expected company's insurance clai...

Pagcor To End Gaming Operations By 2025 To Exclusively Focus on Regulatory Work

Philippine Amusement and Gaming Corp (Pagcor) will terminate its operating functions by 2025 to exclusively focus on regulatory work. In the opening session of the recent IAG Academy Summit, regulator's chairma...

Macau Banks Banned From Doing Business With Foreign Gaming Operators, AMCM’s Updated Industry Guidance Says

As reported by Asia Gaming Brief, the Monetary Authority of Macao (AMCM), Macau's financial regulatory body, released "updated industry guidance on Anti-Money Laundering/Combating the Financing of Terrorism (AM...

JP Morgan Expects Macau’s September 2023 Revenue Decline Due to Natural Calamity

Based on the gross gaming revenue levels reached by Macau's gambling industry in the first ten days of this month and the heavy weather conditions featuring the same period, financial agency JP Morgan reportedl...

Cambodian 2021 Gambling Law Brought the Number of Licensed Casinos to 87

Cambodian Commercial Gambling Management Commission (CGMC), the governmental body in charge of regulating the gambling market in the country, has reportedly issued a total of 87 casino licenses since 2021, when...

Cybersecurity Incident At MGM Resorts International Causes System Outage Across Its US Properties

Following a 2019 hacking incident reported by the Las Vegas Review Journal, MGM Resorts International has now experienced another cyber security issue that has disrupted few hotel computer systems and casinos a...

Delaware Court Ruled Okada Manila Out Of Merger Deal With 26 Capital

The Delaware judge ruled on September 7, 2023 that Okada Manila, the largest casino in the Philippines, is not obliged to complete a special purpose acquisition company (SPAC) merger agreement with the US-based...